The development agreement with Markel | Eagle calls for the creation of a separate CDA to help finance initial work on the residential portion of the massive arena-anchored, mixed-use project.
The years-in-the-making project from developers Michael Hallmark and Susan Eastridge was OK’d at Monday's meeting and now goes to City Council for a deciding vote.
Richmond considers a mixed-use project in Carver and proposed changes to Airbnb-style home rental rules, and a shopping center redevelopment and apartment complex are up for votes in Chesterfield.
Henrico County, Markel|Eagle acquire land for GreenCity virginiabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from virginiabusiness.com Daily Mail and Mail on Sunday newspapers.
The CEO of VCU Health felt the deal to redevelop the Public Safety Building was risky and one-sided. But VCU administrators had pursued the parcel for a decade. Ultimately, it cost $73 million to back out.